Temple Bar (LON:TMPL) Share Price Crosses Above Fifty Day Moving Average – What’s Next?

Temple Bar (LON:TMPL) shares passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of GBX 417.84 and traded as high as GBX 425.50. Temple Bar shares last traded at GBX 423.50, with a volume of 508,895 shares changing hands.

Temple Bar Price Performance

The firm’s fifty day moving average price is GBX 417.84 and its two-hundred day moving average price is GBX 405.23. The stock has a market cap of £1.31 billion, a price-to-earnings ratio of 5.66 and a beta of 1.15.

Temple Bar (LON:TMPL) last released its quarterly earnings data on Thursday, August 20th. The company reported GBX 7.90 earnings per share (EPS) for the quarter. Temple Bar had a net margin of 74.06% and a return on equity of 19.52%.

Temple Bar Company Profile

Temple Bar’s investment objective is to provide investors with a growing income combined with growth in capital. It aims to meet this objective by investing primarily in UK equities, across different sectors, maintaining a balance of larger and smaller/medium-sized companies. The trust has a bias towards FTSE 350 companies. The Trust is managed by Nick Purves and Ian lance of RWC Partners who have over fifty years of investment experience between them and have been working as a partnership for over thirteen years.